Madison vs Frankfort

Which is the better fit for you?

Madison, IN
59
Area Score
Top 50% nationally
Frankfort, KY
57
Area Score
Bottom 42% nationally

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Madison receives the higher standardized Area Score. That reflects AreaProfile's weighting, not a judgment about which place is better to live in.

If you are moving

What the difference in prices, rent, homes and weather comes to, using the published figures for the two places. Add your income to see what it would take to keep pace.

Moving from Madison to Frankfort

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Everyday prices
The Bureau of Economic Analysis publishes no regional price index for Madison or Frankfort, so nothing here is estimated in its place.
Income to keep the same purchasing power
Needs a price index for both places.
A new two-bedroom lease
+$119 a month
HUD benchmarks it at $1,090 in Frankfort against $971 in Madison.
The median home
10% less
$183,700 in Frankfort against $203,100 in Madison.
The weather you would swap
Winters 1°F milder
Normal January lows are 25°F in Frankfort against 24°F in Madison; July highs are 88°F against 88°F (summers the same).

These are differences between published figures, not a forecast of your budget. Income and sales taxes, commuting, schools, insurance and the job you would actually get are not in them, and a price index describes a metropolitan area, so two places in one metro read the same. HUD’s rent is a benchmark for a new lease, not a listing.

Signals

Madison
Frankfort
Opportunity: Madison is the more favorable of the two.
Opportunity
63 · Top 37%
vs
57 · Top 49%
Growth: Madison is the more favorable of the two.
Growth
41 · Bottom 31%
vs
38 · Bottom 26%
Climate: Frankfort is the more favorable of the two.
Climate
73 · Top 37%
vs
74 · Top 31%
Physical resilience: Frankfort is the more favorable of the two.
Physical resilience
56 · Bottom 48%
vs
57 · Bottom 49%
Housing affordability: Madison is the more favorable of the two.
Housing affordability
79 · Top 15%
vs
76 · Top 22%
Schools: Madison is the more favorable of the two.
Schools
40 · Bottom 38%
vs
38 · Bottom 34%
Access: Madison is the more favorable of the two.
Access
77 · Bottom 17%
vs
71 · Bottom 12%
Economic stability: Frankfort is the more favorable of the two.
Economic stability
28 · Bottom 8%
vs
41 · Bottom 22%

Measured values

MetricMadisonFrankfortSource period
Population12,22328,5032024 ACS 5-Year
Median household income$61,183 — more favorable$53,0732024 ACS 5-Year
Per capita income — the two are too close to separate$33,509 ±$3,912$33,900 ±$2,3902024 ACS 5-Year
Population density1,415/sq mi1,930/sq mi2024 ACS 5-Year
Median home value$203,100$183,7002024 ACS 5-Year
Median gross rent$820 — more favorable$9442024 ACS 5-Year
Market rent, two bedroom$971 — more favorable$1,090FY2026
Homeownership rate62.1%48.8%2024 ACS 5-Year
Unemployment rate3.6% — more favorable5.1%July 2026
Employment change (year over year)−0.5%+3.9% — more favorableJuly 2026
Bachelor's degree or higher — the two are too close to separate23.8% ±4%28.4% ±3%2024 ACS 5-Year
Poverty rate — the two are too close to separate15.3% ±5%18.9% ±3%2024 ACS 5-Year
Housing units permitted (12 months)19712 months ending July 2026
Permits per 1,000 residents1.6 — more favorable0.212 months ending July 2026
Permit change (year over year)0.0%0.0%12 months ending July 2026
Average July high88°F88°F1991-2020 Normals
Average January low24°F25°F1991-2020 Normals
Annual precipitation51.0"47.3"1991-2020 Normals
Distance to major airport44 mi — more favorable47 miNASR current cycle
Average commute — the two are too close to separate21.3 min ±3.1 min18.9 min ±1.1 min2024 ACS 5-Year
Median age44.435.32024 ACS 5-Year
Public schools5152024-25 school year
Students per teacher15.515.2 — more favorable2024-25 school year
Math proficiency38.4%41.4%2018-19 school year
Reading proficiency49.9%50.3%2018-19 school year
Free or reduced-price lunch eligibility51.6%56.1%2024-25 school year

A bolded value is the more favorable of the two where the metric has a clear direction. Metrics like population and density have no inherent better or worse and are shown unweighted.

4 rows above show both figures with a ± margin and neither in bold. Those come from the American Community Survey, which samples rather than counts, and the gap between the two is smaller than the uncertainty on the figures themselves — so the survey did not find a difference to report, and calling either one the winner would be reading a result out of noise.

The number of units permitted is not marked because the larger place always permits more; the per-resident rate is the fair comparison. The year-over-year change is not marked either: a percentage on fewer than 300 units swings on a handful of permits.

Indiana and Kentucky do not give the same test. Each state writes its own assessment and sets its own passing score, so the two proficiency rows above are not directly comparable — the difference between them partly measures which standard is harder. Students per teacher and the school count are unaffected, and each profile ranks its own proficiency within its own state.

Physical risk tradeoff

Madison

Elevated or high exposure: earthquake.

Frankfort

No hazard reaches elevated exposure.

Your best match

Weight what matters to you. Your preferences stay in this browser and never change either Area Score.

Madison
—
Madison: Your Score
59
Area Score
Frankfort
—
Frankfort: Your Score
57
Area Score

Select your priorities to see which of the two fits them better.

Full profiles: Madison, IN · Frankfort, KY · How this is calculated: methodology